Bond Freddy Mac 0% ( US312925S687 ) in USD

Issuer	Freddy Mac
Market price	100 % ⇌
Country	United States
ISIN code	US312925S687 ( in USD )
Interest rate	0%
Maturity	27/08/2032
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	200 000 000 USD
Cusip	312925S68
Detailed description	Freddie Mac is a U.S. government-sponsored enterprise (GSE) that buys mortgages from lenders, packages them into securities, and sells them to investors, thus providing liquidity to the mortgage market. This bond issuance, identified by ISIN US312925S687 and CUSIP 312925S68, originates from the United States and is denominated in USD. Its issuer, the Federal Home Loan Mortgage Corporation, widely known as Freddie Mac, is a critical government-sponsored enterprise (GSE) established by the U.S. Congress to promote stability and affordability in the nation's housing finance system. Freddie Mac achieves this by purchasing mortgages from lenders, packaging them into mortgage-backed securities, and guaranteeing timely principal and interest payments to investors, thereby providing liquidity to the mortgage market. Operating under a conservatorship by the Federal Housing Finance Agency (FHFA) since 2008, Freddie Mac's debt instruments are perceived to benefit from an implicit backing of the U.S. government, which generally contributes to their strong credit profile. This particular bond has a total issue size of $200,000,000, with a minimum purchase size of $1,000, and is currently quoted at a market price of 100%. Notably, it features a 0% interest rate, categorizing it as a zero-coupon bond. Such instruments do not make periodic interest payments; instead, investors realize their return from the difference between the discounted price at which the bond is acquired and its par value upon maturity. The maturity date for this security is set for August 27, 2032. Although a payment frequency of "2" is indicated, typical for semi-annual coupon bonds, it does not apply to this zero-coupon structure, where the full principal amount is repaid at maturity.